Basic College Mathematics (10th Edition)

Published by Pearson
ISBN 10:
ISBN 13:

Chapter 6 - Percent - 6.7 Simple Interest - 6.7 Exercises - Page 447: 37

Answer

Paul will earn $345.68 in interest.

Work Step by Step

interest=principle*rate*time $I=(8642)(0.02)(2)=(172.84)(2)=345.68$
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